A new round of U.S.-China trade talks are due to kick off in Beijing on Thursday — but a deal will not likely come until May, or even June, says Charles Dallara, Partners Group chairman of the Americas.
A new round of U.S.-China trade talks are due to kick off in Beijing on Thursday — but one expert says a deal will not likely come until May, or even June.
"I see late May, June more as kind of the realistic time frame than I see anything in April," said Dallara, a former managing director and CEO at the Institute for International Finance. The world's top two economies have been embroiled in a trade dispute that spooked world equity markets last year and dented the global growth outlook. Trade talks between the two countries broke down in mid-February, with the U.S. warning"very difficult issues" were still unresolved.
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